Want to start your own business and that too in Chennai? You have landed at the right place in search of business ideas. Read the article till the end to have an insight into the business ideas and the skills needed to start the business.
Chennai is the automobile hub of India and is popular for its long natural beaches in the world. Chennai has emerged as the educational hub of India as many renowned institutions are set up there. Chennai is developing at a fast pace and soon it will be a developed metropolitan city. It creates a friendly business environment for entrepreneurs and does not create any pressure that is experienced in some other cities.
Setting up your own business in Chennai can be challenging as well as highly profitable because competition is increasing day by day in the city. So one needs to be creative, unique in selling the products and services.
Let us now look at some of the business ideas that one can easily start in Chennai and that business ideas which will be generating high profits and will benefit the budding entrepreneurs in the long run:
This can be the main source of your income as well as the second source of income meaning you can start your own business for earning full-time income or you can provide your services and earn some income. There is a lot of competition in this business, so one needs to be creative with skills in his hand to earn money. Anyone can take photos, but only a few can make a powerful impact on others and leave a powerful impression. If you are interested to start this business in Chennai then this business will prove very profitable in the city. For a start, you can establish a simple studio instead of a professional studio. Instead of investing in the studio and spaces, one should invest in buying high-quality lenses, laptops, and the other things required in a photography business. For this business to reach greater heights you need both, raw talent and a sense of marketing. Market your business via social media platforms, create your business name and logo, research about the best business structure, set up business bank accounts, establish a referral program, set pricing after researching the area, work upon customer’s expectations as it is the main factor for your success. You can work as a wedding photo, stock photographer, contract worker, commercial photographer, product images, food images, and many more.
Chennai is a very large and growing city. It is the hub of the automobile industry because it’s the importer and exporter of automobiles in India. In Chennai mostly all the people are working. They do not even have time for washing their cars at home. Everyone who owns a car must get their cars washed at least once a week. This business can be fun, interesting, and most importantly profitable if started in Chennai. With the right knowledge of the perfect locations, correct information about the car wash techniques, marketing tactics, and quality service, one can earn huge money from this business. You can also start your own mobile car wash, in this, you have to visit the customer’s place to provide them the services, this business will become highly profitable if you do this business correctly. You need to invest in buying equipment like a washing system, such as a conveyor tunnel, chemicals, dryers, blowers, vacuums, brushes, towels, water system. Opening a car wash business requires significant investment, correct planning, and attention to the littlest details, to make the business profitable. One can visit a car washes to get an idea of how this business works, one should be familiar with all the trends and statistics of the area from which the business has to start, research about the competition of your area, work on the business plan, find the investment capital for opening a car wash, get necessary permits and licenses, market your business, hire employees, use strategies like giving away free car washes and other promotional items, add services to make your business successful, offer express detailing services, use text messages to contact potential customers, offer monthly passes. Using these techniques and your own knowledge and creativity one can easily make this business a huge success.
ELECTRONICS REPAIR SHOP
This is also one of the profitable businesses to start in Chennai if one has some knowledge in the respective field. This is one of the demanding businesses in every corner of the nation. Chennai is a very large city and one can start every business in the city but with the correct amount of planning, knowledge of the field. With this business, one can also start repairing laptops and mobile repair services. If you do not have any experience or knowledge in this field then you can work somewhere else before opening your own shop. This will help you in giving experience and the knowledge required. This type of business repairs damaged or malfunctioning types of equipment such as computers, televisions, phones, gaming devices, and many more home appliances. Electronics are a necessity in today’s world. If something is a machine, it is sure that it needs maintenance and repairs from time to time. Plan your whole business, be ready with layout of the finances and funds, costs involved, who is your target market, fix the prices to be charged from the customers, how much profits will you be making from the business, be ready with the answers to these questions, so that at the time of starting this business there is no confusion at all.
Event planning/ management is the process of arranging parties, marriages, meetings, and ceremonies. An event manager is solely responsible for managing everything for the event. He is the ultimate planner, and key to everything like choosing a location, hiring caterers, entertainment, and arranging other vendors. This business has huge potential and growth rate in Chennai. Apart from the working population, many residential people also live in the city so an event planning business is the best choice to start in Chennai. For an event planning business, you need to have a degree or experience in the field, license, necessary equipment, inventory, place in the market, some skilled and creative workers, funds to invest in the business. Gain event planning skills and experience to make the business successful, determine your event planning market/forte, make a business plan, designate which business entity fits best for your firm, obtain business insurance, develop your network of suppliers and staffing resources, define your event planning services, establish an event planning fee structure, secure funding for your business, focus on business development and marketing for your event planning business. Use the help of social media platforms to promote your business to get huge orders from potential customers, also use a PR company when possible, clearly define your scope of work, mission, goals, for the event business, search your market well. Spend some time learning tax laws and business filling in your area/locality. The event management business will turn out to be one of the most successful business ideas in Chennai.
COMPUTER TRAINING CENTER
COFFEE AND TEA SHOP
Many people in Chennai love to sip tea or coffee roadside. The huge population in Chennai is mostly working and they before going and after coming from their respective work locations love to have some coffee or tea. Many people have become rich by selling tea and coffee in the most populous locations of the city. Once you start getting results then you will automatically convert your small shop or business into a big restaurant. Research your market well, survey your market, make a good plan- choose which snacks you want to sell along with tea and coffee, make sure you have a reliable supplier of milk and other necessary products, regularly try to improve your product, choose the name and get the license, keep the focus on the hygiene part- this will help you get a huge number of customers and you will automatically attract several potential customers. This is the easiest business to start as no expertise is required. This business has huge potential as there is a huge demand for tea and coffee in the market and it never goes out of demand and you will earn good money throughout the year.
SMALL HOTEL BUSINESS
If you have a good place near to any crowded place in Chennai, then you can start your own small hotel business. The small hotel will work perfectly. If you provide good quality food in a small hotel then you can attract more and more customers daily. Survey your market and find out the preferences of the customers and add that item of food to your menu to attract the customers. This is the best business to start in Chennai. If you do not want to start your hotel business then one can also start a cleaning business, hotel consulting business, hotel art supply, pet hotel business, serviced apartments business, hotel booking platform, budget-friendly hotel business, bed, and breakfast business, conference and convention center hotel business, guest house business, self-service hotel business, stopping house business, hotel chef business and many more such businesses. If you are planning to start your business as a small hotel, then definitely go for it, make a solid plan and continuously work upon that plan and you will definitely get huge profits out of it.
The demand for this business is increasing day by day in every city. Chennai being a tech city, this business will definitely help generate good income. As many companies have generated their websites online for generating an additional income, they also want to grab the attention of customers to grow. The companies also want to expand their businesses in different cities to earn good revenue. Chennai is one of the fastest-growing cities in India and many other companies want to set their businesses in Chennai. This is one of the great business ideas in Chennai to start and one also doesn’t need much investment, one only needs to have the knowledge and creative mind in this field. Web development is the building and maintenance of websites, you have to work from behind to make a website look great, you need to work fast and perform well to make a website look great. Website development is the way to make people aware of the services or the brands of the company and making them understand the relevance of the products. Web designers are part artists and part tech geeks. This business can be done from anywhere you have internet access. You need a home office that is quiet and free from distractions, Hardware, including a computer, quality monitor, scanner, printer, and digital camera, Software for graphics, photos, and video, which may be free or cost hundreds of dollars, a high-speed Internet connection and perhaps server space for site hosting and testing, a menu of the services you’ll provide and what you’ll charge for them. A contract that outlines all the policies on how you work. A business plan, outlining your services, target market, and financial goals. A marketing plan that includes your target market and how you plan to reach it. A website of your own that not only represents your skills but offers a place to showcase your portfolio of work online. Marketing materials, such as business cards and brochures. A strong network to access for possible referrals.
Many people nowadays are working as a freelancer and as such the competition has increased. But if you are good at designing logos, and can provide top-class services in less time than others, then you can be very successful in this business. You can also make stickers for walls, cars, bikes, etc to earn extra income. This is the best business to start in Chennai with minimum investment. You need to have a laptop, logo design software, logo designing creativity, printer, digital camera, You can also start this business from your home. Understand the market, define your brand identity, find and search for your inspiration, check out for competition, choose your design style, find the right type of logo, pay attention to the color, search for the right topography, regularly communicate with your designer to keep up with the trends of the market, evaluate your logo options, integrate your logo design into your brand. Don’t hold back yourself in getting creative, write down every idea, choose the right time, get clear on your branding, figure out the logo design elements that tell your brand story, brainstorm with the end in mind, gather inspiration from your competition, think like your audience, trust your designer. Think great, create big!!!
These stores can be started from anywhere and it helps in saving your costs of buying any rental space. For selling products online you need hosting and a website to start selling in Chennai. This is a low investment business and a profitable business also. The chances of getting it successful are also relatively higher because of the demand in the market. You can start your own fashion boutique and sell them and earn money. Nowadays hair accessories especially girls are getting very popular like handmade scrunchies, designer hair clips, clothing which could include hoodies, sweatshirts, and men’s garments. First of all, you have to decide what products you are going to sell, then start finding its product sources, getting a unique business idea is very important, research and development, making business plans, financial plannings, execution of plans, marketing, are all such important things that you have to keep in mind before proceeding with your business model. Firstly, choose and find a product to sell, evaluate your ideas, after evaluating the ideas and launching strong ideas try obtaining your products, research and prepare for every obstacle like the competition, business plan, setting up your business, name your business, create a logo for the business, build your store, choose your sales channels. You can start your own fashion boutique and sell them and earn money.
Chennai is the third most visited city in India by foreigners. So Chennai is the best city to start your tour guide business. You need lots of different ideas to make this business a success. For starting this business in Chennai, you need to evaluate exotic places of Chennai, research about the popular tourist destinations, evaluate the trends, find and search about the hidden gems of Chennai, you will need to research about your competition, find different ways to differentiate to stand out, after searching your market well, register yourself, name your brand, get business licenses and permits, register as a tour guide, Decide on which sector of tourism you would like to focus on, like transportation services, travel agencies, tour operator, destination management companies, accommodation, guided tours, and tourist guides, hospitality, take your geographical locations into account, size up the competition, write a business plan, procure the necessary funds, select a business location, make your tourism business, use social networking sites, create a website for your tourism business, advertise in print mediums. You will definitely highly profit through this business because Chennai is the hub of international as well as domestic tourists.
If you are looking for some new business ideas, then a gift shop idea is the business to start. There is competition and many gift shops are not performing well because of a lack of proper planning or no planning at all. But with your skills of planning and creativity, you can stand out in the market, and also inspire others to remake their business. Tourists love to take something from the place they are visiting because that thing reminds them of happy memories of the place and the tour. Choose your niche, be ready with your documents, set your pricing and budget, arrange funds and financing, choose the place, advertise your business, marketing is the key to the success of your shop. Use strategies like discounts, and giving away gifts to the first 100 customers, use content writing and social media marketing to your advantage. One should also learn proper negotiation techniques, focus on tactics to resist your customer for life, offer potential customers something really fruitful, understand your customers, price comparatively, clearly, articulate results, start with targeting small niche markets, be flexible in your working, use lead scoring to prioritize your prospects, connect with the decision-maker, perfect your sales pitch, use storytelling as a tool, give undivided attention every customer.
The main role of a tax consultant is to help advise people about the functioning of the funds including tax returns. A business tax consultant is a person who helps you with all tax-related queries. It is a business that helps you with the devices of the tax files. For some companies, the tax filling procedure might be intimidating because the government laws and procedures regarding the taxes change regularly and it is not easy to remember each law, so that is why big companies hire tax consultants. Tax consultants have to collect organize and prepare tax-related documents and files. Tax consultants have to arrange and filling out tax forms. They also provide accounting services, helping the organization in paying their taxes. Providing tax consultancy services in Chennai or starting your own tax consultancy firm is one of the most innovative and profitable businesses to start because of the growing opportunities of business for new entrepreneurs. This business is best to start in Chennai because of the availability of all kinds of startups and companies over there. You can outsource your services as a self-employed worker and start your career or business in this field. Chennai being the hub for new startup companies needs to know the regularly changing tax laws and filing tax reports. Tax consultants help in making tax returns and work closely with potential clients to minimize their tax liabilities throughout the year. One can also start giving tax consultancy lessons and open a coaching center to generate good income. Tax consultation is a lucrative field, and one can play an integral role in providing tax consulting services for a company. One can work with any firm, business, office, or sole proprietor to help them with generating answers to their queries and work on tax preparation issues.
DIRECT SELLING AGENT
A direct selling agent or DSA is a person who works as a direct referral agent for a bank, the main role is to find potential customers for the bank or a financial institution they are representing. This business is highly profitable and payout can be varied because it depends on the leads or the customers one can bring for that particular bank. There is tremendous growth for this business in the market because of the increasing rate of loan taking capacity of the people these days, also with the increasing marketplaces, there is a tremendous increase in the demand for loans among people. You can be a DSA irrespective of your job and can earn additional income, you will also be recognized as a channel partner of the prestigious financial institution, this can become an ideal opportunity for being an entrepreneur, you can also work part-time in this field, this business does not require any sort of higher education, you do not require any kind of initial deposit for this business, you do not have to worry about the deadlines and time limit. One has to sell the bank products proactively to new/ prospective customers, they also have to maintain accurate records of all the sales activities, budget achievements, and cross-sell referrals, one also has ensured accuracy of all the bank forms and documents executed by the potential customers. They are also known as Business Correspondents or Loan Officers.
TRAVEL BLOGGER OR VLOGGER
Some vloggers can generate revenue across affiliates, events, merchandise, and most notably sponsorships. You can write about the exotic and hidden gems of Chennai and also upload them on your youtube channel. Starting a blog seems to be a great option if you know of any of the languages and to share your knowledge with others through writing. You can earn great by blogging from your home with nominal investment. It is one of the easiest, legitimate ways to earn money online. For starting a career in a blog or for writing a blog you should keep in mind a few things which are: subject of the blog, choosing a platform for blogging, how will you host your blog, purchase your word press hosting. Bloggers across the country are making some serious money using their skills and expertise. Starting this business in Chennai is also quite beneficial because it being the education hub. You just have to choose a topic/niche, domain name, and it should contain well-written content. The main reason why bloggers are making money today because of the good content they post regularly. People start writing blogs sharing their viewpoints, opinions, teaching others what they know, selling and promoting their products. Consider the opportunities to monetize, pick an audience to serve, choose a blogging platform, lay the groundwork for distribution, plan out your publishing strategy.
Write down the ultimate objective for your youtube channel, define your target audience, plan the products you are going to sell, choose the format that will connect better with your target, buy equipment, film different locations of Chennai, get some vlogging inspiration, familiarize yourself yourself yourself yourself with the platform, make your youtube channel and brand yourself, create an outline. You are all set to start a blogging and vlogging business in Chennai.
These are the persons that are responsible for developing, planning, and implementing the company’s sales strategies, they do not work as employees in a company but act as an outside advisor for the company. The main job of the sales consultant is selling the services and solutions that the company offers or produces, maintaining and growing a strong client base, finding new business opportunities and maintaining a healthy pipeline for future deals, respond to new and current client base regarding complaints and service inquiries, being a brand ambassador that represents the company’s brand and values. The skills required to be a sales consultant are strong, negotiating and selling skills, be well-groomed and presentable, have excellent people skills and intuitive to client’s needs, give professional presentations, not buckling under pressure and be very target driven, one should be calm when dealing with customer complaints and issues, focus on your performance, not just responsibilities. This will be a great business to start in Chennai as it is one of the innovative ideas to start in Chennai.
With this, we have come to the end of the article. Hope you all get an idea of what to start in Chennai. . To start any business one will face many obstacles but with sheer dedication and hard work, one can overcome any obstacle. Just keep in mind that to start a business be prepared with the business plan and be handy with the funds. , Whatever venture you start just keep in mind hard work is the key, and don’t pressurize yourself for success, once you give your all the hard work and dedication then you need not be worried about success. One day or another you will be successful, you would be recognized because even the top businessmen of the world didn’t get success at once, they also failed and learned from their mistakes and had faith that they will be successful. So keep working hard and everything will go according to your plans.